Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
63 hedge funds and large institutions have $90.3M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 28 reducing their positions, and 9 closing their positions.
17% more capital invested
Capital invested by funds: $77.1M → $90.3M (+$13.3M)
7.76% more ownership
Funds ownership: 60.21% → 67.97% (+7.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 65 → 63 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
46% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$9.47M |
| 2 |
Morgan Stanley
New York
|
+$4.38M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$1.07M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$627K |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.69M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.64M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.23M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$951K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$878K |
PIE Hedge Fund Activity: Q4 2023 in Review
63 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q4 2023, worth a combined $90.3M — up 17% from $77.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PIE and 7 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 15 added.
The largest buyer was NewSquare Capital, adding an estimated $9.47M. The largest seller was Wells Fargo, cutting an estimated $1.69M.
- 63 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q4 2023, down from 65 in Q3 2023.
- Funds reported $90.3M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q4 2023 and 9 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q4 2023 was NewSquare Capital, an estimated $9.47M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q4 2023 was Wells Fargo, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2023.